Wynn Macau Ltd
01128: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @.L | LOCK|L?^T | LOCK|$T<#cX |
Wynn Macau Earnings: Slight Miss on Unfavorable Luck, but Growth Outlook Intact
Wynn Macau posted soft fourth-quarter results, with gross gaming revenue, or GGR, and adjusted EBITDA falling 3% and 12% quarter on quarter, respectively. This translates into a 0.9 percentage-point sequential GGR market share loss and a 2.8 percentage-point EBITDA margin contraction.
